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Foreclosure Counseling (NFMC)

1.8 million people helped The National Foreclosure Mitigation Counseling (NFMC) program was launched in December 2007 with funds appropriated by Congress to address the nationwide foreclosure crisis by dramatically increasing the availability of housing counseling for families at risk of foreclosure.

NeighborWorks America distributes funds to competitively selected grantee organizations, which in turn provide the counseling services, either directly or through sub-grantees.

Grants also fund legal assistance for homeowners and the training of foreclosure counselors. More than 1,700 counseling agencies participate in the program.
 

Program Highlights

NFMC announces a tenth round and supplemental grant funding opportunity
On December 18, 2015, the President signed into law the Consolidated Appropriations Act, 2016. The bill allocates $40 million for the National Foreclosure Mitigation Counseling (NFMC) Program’s tenth round of grant and program activities. Understanding the demand for funds to support foreclosure counseling across the nation, NeighborWorks will move forward quickly with an NFMC Program Round 10 application process now that the appropriations bill has passed and the NFMC Program funding has become law. Supplemental grants may also be made under this funding announcement as a result of recaptured or underutilized NFMC Program funding made available from previous grant rounds, from future appropriations, or otherwise. It is anticipated that grant applications will open in the GrantWorks online grant application system in January 2016 and close in February 2016. For more information, visit the Round 10 and Supplemental Grant page.
NFMC releases eleventh congressional report (September 24, 2015)
Urban Institute report on NFMC effectiveness

Previous rounds of NFMC funding

Homes & Finances

Contact Us:

Nicole Harmon, vice president
National Foreclosure Mitigation Counseling program
NFMC@nw.org